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H&M to enter new online markets in 2015

H&M is to launch online in Belgium, Bulgaria, Czech Republic, Hungary, Poland, Portugal, Romania and Slovakia during 2015.

The Swedish fast-fashion giant also plans to open its first stores in India, Peru, South Africa and Taiwan next year.

It comes as the retailer announced group sales including VAT increased by 14% in local currencies in October, compared to the same month last year.

H&M opened 354 new stores during the last 12 months to October 31, 2014.

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